The Officer Operations executes the back-office function as a Lender or Agent in international and structured credit facilities. You will be entrusted with the registration of large structured and/or syndicated deals and the timely processing of the funding and payment aspects of the transactions.


The portfolio concerns various kind of product groups, a.o. structured lending, corporate lending (incl. sydicated loans), trade and commodity finance, financial institutions and restructured loans.


Key responsibillities / Accountabillities


1. Registration, Domestic & International money transfers

- Executes a correct and timely registration of international structured and/or syndicated facilities with a variety of customers.

- These facilities are tailor made transactions and the size of the loan amounts results in high internal and external pressure.

- Initiates and executes domestic and international money transfers.

- Requires good knowledge and experience about international payments.

- Timely processing is extremely important; the large amounts involveld may cause severe financial implications.

- Executes the proper and timely processing of money- and capital market funding and spot foreign exchange transactions.

- This requires a good deal of knowledge about treasury (funding) activities.



2. Written & verbal communication

- Executes written and verbal communication with a.o. internal and external clients, correspondents, syndicate participants and ING business units and foreign branches.

- All communication is in English.


3. Administration

- Executes the proper and accurate safekeeping of the administrative files, credit files and related (original) legal documents.

- Provides statement of account balances to external customers and auditors.


4. Settlements

Specific reponsibilities officer operations SETTLEMENTS :

- Executes the proper and timely notification of incoming and outgoing movements on the accounts with correspondent banks (position control).

- Executes the proper and timely reconciliation of incoming and outgoing movements on the several current accounts in various currencies.

- Manages tailor made systems for administration (FAP/LoanIQ)


5. Syndicated loans agency

Specific reponsibilities officer operations SYNDICATED LOANS AGENCY:

- Advises officer Syndicated Loans Agency on requirements for adminstering the transactions.

- Good knowledge on administrative issues is required.

- Calculates fees payable and receivable & interest and arranging distribution in the syndicate through the Settlements department.

- Manages tailor made system of registration of syndicated transactions (LoanIQ)


6. Credit Risk Control

Specific reponsibilities officer operations CREDIT RISK CONTROL:

- Takes care of the registration of lending- and counterpartylimits as well as countrylimits.

- Takes care of the registration of collaterals and covenants in the risk system.

- Monitors borrowing base positions.

- Manages tailor made risk systems for registration of structured transactions (FAP/Force)


Additional information

All tasks are executed under a strict time schedule. Nevertheless accuracy is of vital importance, as only a slight mistake in payment of funding may lead to a significant loss due to the large amounts involved .

Moreover, a high reputation risk is involved in view of publicity around these deals, type of customers/participants and the sophistication level of other parties involved (reputable governmental departments, insurance companies , etc. )


Job Requirements / Competencies


Educational level:

Next to the basic requirement of a HBO/higher education, the specifics of the function require a high level of professionalism about administration and/or riskmanagement.


Behavioural aspects:

Professionalism.

Client Focused.

Written and verbal communication in English and Dutch is crucial especially regarding the external customers.

Product/Business Knowledge.

In-depth knowledge about the credit and syndicated market, operations and loan documentation is required. Substantial knowledge about payment and treasury products (e.g. funding) is also required.

Process/Technical Knowledge.


This role offers a highly competitive salary with an excellent range of secondary benefits and offers you the opportunity of growing within the business.

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